Done in by Overcapacity, Stagnant World Trade, and China, Korean Shipbuilders Collapse on Top of Taxpayers by Wolf Richter • Nov 1, 2016 • 48 Comments Orders plunge 87% from an already terrible 2015.
US Freight Volume Drops to Lowest Level since 2009, “Industrial Recession” Hits Full Stride, Overcapacity Crushes Rates by Wolf Richter • Oct 19, 2016 • 36 Comments “We’ve been patiently waiting for the consumer.”
It Starts: Shutdowns, Production Cuts, Layoffs at Auto Plants by Wolf Richter • Oct 17, 2016 • 47 Comments “We continue to match production with demand”: Ford
Rail Freight Gets Clocked from all Sides in this Economy by Wolf Richter • Oct 12, 2016 • 48 Comments This hasn’t happened since the Financial Crisis.
Heavy Truck Orders Plunge, Worst September since 2009 by Wolf Richter • Oct 5, 2016 • 43 Comments Transportation Recession exacts its pound of flesh.
Recession Watch: US Freight Drops to Worst Level since 2010, “Excess of Capacity” Crushes Rates by Wolf Richter • Sep 20, 2016 • 12 Comments “Overall shipment volumes are persistently weak.”
Why Hanjin’s Zombie Collapse Won’t Be the Last One by Wolf Richter • Sep 18, 2016 • 72 Comments The pain will continue, with many more false-hope ups followed by brutal smack-downs, and more carriers cracking under their debt.
Crude Oil Freight Rates Plunge to Record Lows by Wolf Richter • Sep 7, 2016 • 37 Comments Overcapacity meets broken promises of soaring demand.
“Zombie Apocalypse”: The Hanjin Bailout that Didn’t Happen by Wolf Richter • Sep 5, 2016 • 47 Comments It “shatters the complacency” that TBTF carriers “are immune to failure”
Whither Texas: Boom or Bust or Both? by Wolf Richter • Jul 23, 2016 • 29 Comments “The only word to describe the Dallas housing market is ‘frenzy.’”
